Capstone Companies Inc (CAPC)

[hurricaneman]

I was just redoing some due diligence and I looked at the SEC
filing for the purchase of 100% of capstone.
He took a relatively small amount of cash (750K) for a profitable business (sales of 2.1 million and profits in the hundreds of thousand depending on how you read it) and stock CONVERTIBLE AT .0875 cents a share.
That's almost 15 million shares that under water at present.
Either he is very confident this stock has great potential
or he sold for a tiny multiple of earnings for his company.
My guess is Wallach knows more about tile sales, etc. then we do.

We will have another opportunity to unload at substantially
higher prices. IMO we'll see .24 again in the next year.

dart-- got a chart? Friday has got to have helped.
Up 17% on no news... maybe good earnings coming?